Dubai is one of the fastest developing cities in the last few decades. Therefore, establishing a Business Setup in Dubai Mainland can prove to be highly beneficial. The mainland company of Dubai is known as an onshore company responsible for conducting various activities.
Company Formation in Dubai Mainland is one of the most complicated concepts. Traders, startup companies, and business tycoons from all around the world are coming in to offer various businesses. However, if you want to establish a business, you need to contact the Department of Economic Development.
In order to do the mainland company formation in Dubai, you can consider different benefits. Dubai mainland is extremely popular for the wide range of benefits it offers.
Why should you opt for Business Setup in Dubai Mainland?
Opting for a Business Setup in Dubai mainland can be extremely beneficial in the long run. Some of the common benefits of opting for Dubai mainland company formation include the following:
1. Great scope for business activities
Dubai mainland company formation can be extremely beneficial as it can help to boost it. The registration procedure is trouble-free and simple, and however, there are no minimum regulations and rules. The mainland can help you open a wide range of activities, especially for revenue and trade. There are numerous non-related businesses that you can conduct in Dubai.
2. Freedom to trade
When you establish a mainland Dubai company, you will have the freedom to trade in Dubai and the entire UAE. You can plan your trade and eventually conduct businesses legally. However, you need to be familiar with the jurisdiction to receive the benefits. You can consider working with a professional business consultant in the UAE to benefit.
3. You can expand your business
Do you plan to expand the business internationally? The business setup in Dubai mainland can be a complicated process. As a mainland company, you will have the flexibility to conduct business in the UAE. The versatile business formation further allows you to indulge in international trade. It is crucial to trace the services and products so that you can penetrate the market.
4. Diversify the business offerings
Dubai smart city is providing an exclusive infrastructure to the company owners. As a result, they can take their business to the next level. You can opt for a mainland company set up in Dubai with an expansion scope, thereby providing you with better growth opportunities.
The mainland business setup process is fast and less restrictive. You don’t have to indulge in any complex process and can easily conduct business.
How to do a Business Setup in Dubai Mainland?
The mainland company setup is one of the most prominent factors to consider. However, you will need to follow a crucial and systematic process. Some of the common things to opt for while choosing mainland company formation include the following:
1. Choose your business activity
When you plan a mainland company formation, you need to understand the type of business activity you will be conducting. You can start numerous types of business activities in Dubai depending on your future requirements.
It is crucial that you opt for jurisdiction. Furthermore, numerous cost-effective options can be helpful for you in the long run. Getting in touch with professional business consultants in the UAE can be helpful for you to understand the type of business activity you can conduct in Dubai.
Some of the prominent types of businesses you can conduct in Dubai include commercial trading, real estate, manufacturing, advertising, and more. Depending on the type of business you’re conducting, you should consider opting for the license.
2. Finalise the company structure
Your company structure is extremely necessary so that you can conduct the business with full ease. If you want to choose the safest option, you can always rely on a limited liability company. However, there are other options that can be extremely beneficial in the long run.
Some of the ideal company structures that you can follow are:
- Civil company
- Public joint-stock company
- Private limited company
- Limited liability company
- Sole proprietorship
3. Register a trading name
You need to register a trading name. However, when you choose a trading name for your business in UAE, there are certain rules that you will need to follow. Depending on the proper usage, the legal authorities must permit the name.
You will receive approval from authority only if the name isn’t offensive or registered by someone else. You need to apply to the Department of Economic Development for approval of your name.
There are certain licensed names that you cannot use. You can make a list of different names that define your business. After confirmation from your team, you can consider securing the entire registration process. You must have an acronym in the name to receive the exclusive benefits of faster approval.
4. Get the required approvals
You will need to reach out to the respective authorities to get approval from authorities. Working with Business Link UAE can help to ease the process. Our professionals will assist you in completing the paperwork that is crucial for the initial level of approval.
The approval will depend on the type of business you want to set up in the UAE. The government is responsible for providing you with necessary approvals and translations that can be highly beneficial in the long run. Make sure to follow the steps carefully to receive approval for your trade license for the Dubai mainland.
5. Get an office
Having a physical office can help speed the process of getting faster approvals. There are numerous types of offices you can take for Dubai mainland company formation. Some of the common office types that can comply with the regular standards include the following:
- Fully owned office
- Leased office
- Virtual office
- Office building
6. Submit the documents
If you don’t submit all the necessary documents, the process of approval will only be delayed. You should check with the respective company about the types of documents you need to submit to establish a mainland company.
Business Link UAE is in the process of assisting you with company formation. If you need any such services for mainland company formation, you can always get in touch with us. Contact us to know more.